Showa Shinku Co., Ltd.

TSE:6384 Stock Report

Market Cap: JP¥8.4b

Showa Shinku Balance Sheet Health

Financial Health criteria checks 6/6

Showa Shinku has a total shareholder equity of ¥11.1B and total debt of ¥550.0M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are ¥14.7B and ¥3.7B respectively. Showa Shinku's EBIT is ¥199.0M making its interest coverage ratio -15.3. It has cash and short-term investments of ¥6.4B.

Key information

5.0%

Debt to equity ratio

JP¥550.00m

Debt

Interest coverage ratio-15.3x
CashJP¥6.35b
EquityJP¥11.06b
Total liabilitiesJP¥3.67b
Total assetsJP¥14.72b

Recent financial health updates

Is Showa Shinku (TYO:6384) A Risky Investment?

Mar 23
Is Showa Shinku (TYO:6384) A Risky Investment?

Does Showa Shinku (TYO:6384) Have A Healthy Balance Sheet?

Dec 14
Does Showa Shinku (TYO:6384) Have A Healthy Balance Sheet?

Recent updates

Calculating The Fair Value Of Showa Shinku Co., Ltd. (TSE:6384)

Aug 06
Calculating The Fair Value Of Showa Shinku Co., Ltd. (TSE:6384)

Some May Be Optimistic About Showa Shinku's (TSE:6384) Earnings

May 21
Some May Be Optimistic About Showa Shinku's (TSE:6384) Earnings

Showa Shinku (TYO:6384) Has Some Way To Go To Become A Multi-Bagger

Apr 09
Showa Shinku (TYO:6384) Has Some Way To Go To Become A Multi-Bagger

Is Showa Shinku (TYO:6384) A Risky Investment?

Mar 23
Is Showa Shinku (TYO:6384) A Risky Investment?

Would Showa Shinku Co., Ltd. (TYO:6384) Be Valuable To Income Investors?

Mar 09
Would Showa Shinku Co., Ltd. (TYO:6384) Be Valuable To Income Investors?

Showa Shinku (TYO:6384) Has Gifted Shareholders With A Fantastic 144% Total Return On Their Investment

Feb 17
Showa Shinku (TYO:6384) Has Gifted Shareholders With A Fantastic 144% Total Return On Their Investment

Do Institutions Own Showa Shinku Co., Ltd. (TYO:6384) Shares?

Feb 02
Do Institutions Own Showa Shinku Co., Ltd. (TYO:6384) Shares?

Do Its Financials Have Any Role To Play In Driving Showa Shinku Co., Ltd.'s (TYO:6384) Stock Up Recently?

Jan 18
Do Its Financials Have Any Role To Play In Driving Showa Shinku Co., Ltd.'s (TYO:6384) Stock Up Recently?

The Returns At Showa Shinku (TYO:6384) Provide Us With Signs Of What's To Come

Jan 01
The Returns At Showa Shinku (TYO:6384) Provide Us With Signs Of What's To Come

Does Showa Shinku (TYO:6384) Have A Healthy Balance Sheet?

Dec 14
Does Showa Shinku (TYO:6384) Have A Healthy Balance Sheet?

Three Things You Should Check Before Buying Showa Shinku Co., Ltd. (TYO:6384) For Its Dividend

Nov 26
Three Things You Should Check Before Buying Showa Shinku Co., Ltd. (TYO:6384) For Its Dividend

Financial Position Analysis

Short Term Liabilities: 6384's short term assets (¥11.0B) exceed its short term liabilities (¥2.6B).

Long Term Liabilities: 6384's short term assets (¥11.0B) exceed its long term liabilities (¥1.1B).

Debt to Equity History and Analysis

Debt Level: 6384 has more cash than its total debt.

Reducing Debt: 6384's debt to equity ratio has reduced from 6.2% to 5% over the past 5 years.

Debt Coverage: 6384's debt is well covered by operating cash flow (325.6%).

Interest Coverage: 6384 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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